Nubank
FeaturedFighting complexity to empower people.
Founded in 2013 by David Vélez, Cristina Junqueira, and Edward Wible in São Paulo, Brazil, Nubank was built to challenge the country's highly concentrated and fee-heavy traditional banking system. Starting with a simple purple credit card with no annual fees managed entirely through an app, Nubank disrupted a sector dominated by five major banks. Today, Nubank is the world's largest digital bank outside of Asia with over 100 million customers across Brazil, Mexico, and Colombia. The company went public on the NYSE in December 2021 at a valuation of $41 billion, making it one of the largest IPOs in Latin American history. Warren Buffett's Berkshire Hathaway is among its notable investors.
Active Founders
David Vélez
Founder / CEO
David Vélez is the co-founder and CEO of Nubank. Born in Colombia, he holds degrees from Stanford University and previously worked at General Atlantic and Sequoia Capital in Latin America. His experience as a foreigner trying to open a bank account in Brazil — a process that took months and required extensive paperwork — inspired him to create a simpler, more human banking experience. David has led Nubank to become one of the most important fintech companies in the world and a symbol of Latin American tech innovation.
Cristina Junqueira
Co-Founder
Cristina Junqueira is the co-founder of Nubank and one of Latin America's most celebrated business leaders. A Brazilian engineer with an MBA from Kellogg School of Management, she previously worked at Itaú Unibanco, one of Brazil's largest traditional banks. Her insider knowledge of the banking industry was invaluable in building Nubank's product and regulatory strategy. Cristina has been recognized on Time Magazine's 100 Most Influential People list and is a prominent advocate for gender equality in tech and finance.
Nubank
